return2ozma to United States | News & Politics@lemmy.ml · 6 months agoJudge blocks Albertsons-Kroger $25 billion supermarket mergerwww.nbcnews.comexternal-linkmessage-square4linkfedilinkarrow-up132arrow-down13cross-posted to: economics
arrow-up129arrow-down1external-linkJudge blocks Albertsons-Kroger $25 billion supermarket mergerwww.nbcnews.comreturn2ozma to United States | News & Politics@lemmy.ml · 6 months agomessage-square4linkfedilinkcross-posted to: economics
minus-squarejordanlundlinkfedilinkarrow-up7·6 months agoIt was bad enough when Safeway and Albertson’s merged. There were major shenanigans afoot when that happened. In order to get approval for THAT deal, Albertson’s had agreed to sell off some stores to Haggen. https://www.tucsonsentinel.com/local/report/090115_haggen/haggen-sues-albertsons-1-billion-over-grocery-deal/ That resulted in a $1B lawsuit.
It was bad enough when Safeway and Albertson’s merged. There were major shenanigans afoot when that happened.
In order to get approval for THAT deal, Albertson’s had agreed to sell off some stores to Haggen.
https://www.tucsonsentinel.com/local/report/090115_haggen/haggen-sues-albertsons-1-billion-over-grocery-deal/
That resulted in a $1B lawsuit.